Episode 059 - State Exam Questions 13
Going through more exam questions to help real estate students pass their state exam.
01:10 – Congrats to Allie out of Arizona!
03:40 – How to make adjustments to value property.
07:05 – Fiduciary duties of an agent when listing a home.
10:25 – When is an adjustable rate mortgage (ARM) not a good idea for a borrower?
14:20 – What is the best means to eliminate a cloud on the title?
16:25 – What is a typial responsibility of a property manager?
18:20 – Calculating property taxes. 1 mill = 1/1,000; example: 30 mills / 1,000 = 3% tax rate. Use the assessed value.
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